#TROY
The price has been moving in a perfectly symmetrical descending triangle
since April 2022
It was broken higher and the moving average broke 100
We have a strong upside discount
Current price is 0.002681
The first target is 0.003650
The second goal is 0.004357
The third goal is 0.005581
✅ Buy: 0.021 - 0.025 ✅
🎯TARGETS:
1- $ 0.027600
2- $ 0.037527
3- $ 0.053469
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 17 cents
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TROY / BTC
price action show us potenial accumulation after breakout from major falling wedge
This is what i think about TROY next potenial
movement :
1- either go up from here (most likely)
2- Or retest falling wedge again and moon after Just incase there is a heavy correction in market (less likely)
Best wishes
Let's find on the chart
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TROY/BTC
show bullish signs at major support 25-26 sats
if price can hold above this area ... the chance of price to go up is very high
high risk trade but potiential gains is higher
current rate 29-30sats
BUY AREAS 29-26
invest 5% or wallet balance or less
TARGETS
37
46
53
59
67
stop lose daily close 24 sats or below
this trade is still high risk trade and...
Looks like $TROY could move, with a bit of momentum, up to 85 sats.
It could break out from there, but better waiting to see what happens when the resistance line of channel is touched.
Troy has not really done anything major yet like the other Binance IEOs, and it looks like it's about to pop soon.
A break above middle resistance of 74 sats should see a run up to 130 sats and beyond
Those are my buying areas.
Use the bars to lower your risk, placing bigger orders on the bottom lines and proportionally lower buy orders on the top lines. RED line is my SL for all of it.
So always do the math on your own in a way you don´t loose more than 1% of your capital on one order.
We can make it if BTC helps, otherwise we should run out of it with stop...
A recent entrant into the market, TROY has presented a trading opportunity worth consideration.
As per the chart, we see a descending triangle with a RSI indicating that the coin is somewhat oversold and we can expect either;
1) Trend Continuation - We will see a further decline
2) A Breakout to form Higher Highs & Lower lows
I am Long and have set a tight SL...
